Asset Report

Karamay

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The Karamay field, whose name means “black oil” in Uyghur, was discovered in 1955 and lies on the northwestern margin of the Junggar basin. The field produces light and heavy oil from several formations, and both oil types require enhanced oil recovery (EOR) technologies.

Table of contents

  • Summary
  • Key Issues
  • Exploration Costs
  • Capital Costs
    • Special Oil Levy (Windfall Profit Tax)
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Index MapDetail MapParticipation
    Reserves (2P) at 01/01/2026Production (2016-2025)Production ProfileExploration Costs 2009 to 2017 (US$ million)Capital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Annual Gas PricesCash Flow (US$)
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Karamay

    XLS 3.26 MB

  • Document

    Karamay

    PDF 2.05 MB